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Transmission costs are what people forget. It takes a lot of money to buy, build, and maintain the equipment & land that carries your electricity from its sourc
by judge2020 3y ago
Transmission costs are what people forget. It takes a lot of money to buy, build, and maintain the equipment & land that carries your electricity from its source.
- NemoNobody 3y agoProfits are what people forget. I live in MN, everyone has excel energy. They made a net profit of 1.85 billion in 2022, that's NET profits. They paid out $3.85 per share. They've spent an insane amount of money on solar panels - that's all out of that number, those are net profits. What happens when they have 50% or maybe near that 100% of power coming from renewable power?? They've made a lot of money off of us while we also paid for the costs to attain the renewable system, once it's in place - why should they get my money anymore? Why are people profiting off of a necessity to life anyways?